Publication:
Housing Finance and Inclusive Growth in Africa: Benchmarking, Determinants and Effects

dc.contributor.authorNguena, Christian-Lambert
dc.contributor.authorTchana, Fulbert Tchana
dc.contributor.authorZeufack, Albert G.
dc.date.accessioned2021-06-30T19:24:58Z
dc.date.available2021-06-30T19:24:58Z
dc.date.issued2021-04
dc.description.abstractUsing a panel database of 48 Sub-Saharan African countries from 2000 to 2012 that we partially constructed, this paper analyses the structure of housing finance in Africa, its determinants, and its impact on inclusive growth. We find that market capitalization and urbanization are key positive determinants of housing finance, while a post-conflict environment is conducive to greater housing finance development. This result suggests that housing finance is driven by standard market forces of demand and supply. Besides, we find that housing finance development in Africa is not yet an effective tool for reducing economic inequality, at its current, very earlier stage. However, we show that above a given threshold, housing finance could be efficient at reducing inequality. Finally, there is a slightly positive relationship between housing finance and greater economic development in Africa. All these findings suggest that policies to boost housing finance development in Africa would be fruitful in the medium to long terms.en
dc.identifier.citationInternational Economic Journal
dc.identifier.doi10.1596/35877
dc.identifier.issn1016-8737
dc.identifier.urihttps://hdl.handle.net/10986/35877
dc.publisherTaylor and Francis
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectHOUSING FINANCE
dc.subjectINCLUSIVE GROWTH
dc.subjectSHARED PROSPERITY
dc.titleHousing Finance and Inclusive Growth in Africaen
dc.title.subtitleBenchmarking, Determinants and Effectsen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.associatedcontenthttps://www.tandfonline.com/doi/full/10.1080/10168737.2021.1916774 Journal website (version of record)en
okr.associatedcontenthttps://openknowledge.worldbank.org/handle/10986/25801 Working paper version (pre-print)en
okr.date.disclosure2022-04-28
okr.date.doiregistration2025-05-06T11:11:10.261539Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Journal Article
okr.externalcontentExternal Content
okr.identifier.doi10.1080/10168737.2021.1916774
okr.identifier.report161855
okr.journal.nbpages259-87
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.administrativeAfrica
okr.region.geographicalSub-Saharan Africa
okr.topicFinance and Financial Sector Development::Housing Finance
okr.topicPoverty Reduction::Achieving Shared Growth
okr.unitAFRCE Office of the Chief Economist for Africa
okr.volume35(2)
relation.isAuthorOfPublication83529956-4c02-5ee8-99c9-d6e9ab43f3a8
relation.isAuthorOfPublication.latestForDiscovery83529956-4c02-5ee8-99c9-d6e9ab43f3a8
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